The main purpose of the auditor's consideration of internal control for a non-SEC client is to A. Develop suggestions for improvements in internal control. C. timing Determine the nature, timing, and extent of substantive tests. C. Express an opinion on the financial statements. D. Determine whether fraud has occurred during the year under audit.
The main purpose of the auditor's consideration of internal control for a non-SEC client is to A. Develop suggestions for improvements in internal control. C. timing Determine the nature, timing, and extent of substantive tests. C. Express an opinion on the financial statements. D. Determine whether fraud has occurred during the year under audit.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The main purpose of the auditor's consideration of internal control for a non-SEC client is to
A. Develop suggestions for improvements in internal control.
C. timing Determine the nature, timing, and extent of substantive tests.
C. Express an opinion on the
financial statements.
D. Determine whether fraud has occurred during the year under audit.
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